System and Method for Processing Gift Card Offer Contingent Upon an Event

1. A method comprising: presenting an offer associated with a closed-loop account to pay an offer amount, wherein the offer is triggered based on an occurrence of an event, wherein the event is one of a time associated with how long the closed-loop account will be available for resale and a resale of the closed-loop account; receiving an acceptance of the offer from a user; performing one of deactivating and suspending of the closed-loop account after receiving the acceptance; notifying the user when the event occurs; and paying an offer amount to the user after the event occurs.

2. The method of claim 1 , wherein if the event does not occur, then the method further comprises one of reactivating and reinstating the closed-loop account.

3. The method of claim 1 , wherein the one of deactivating and suspending the closed-loop account comprises withdrawing all funds associated with the closed-loop account.

4. The method of claim 1 , wherein when the event is the time associated with how long the closed-loop account will be available for sale, and when the time has expired, the method comprises: presenting the user with an option to modify the offer.

5. The method of claim 4 , wherein the option to modify the offer comprises an option to end the offer, resume the offer, reduce the offer amount and set a parameter to automatically renew the offer for one of a number of time intervals and indefinitely.

6. A system comprising: a processor; and a non-transitory computer-readable storage medium storing instructions which, when executed by the processor, cause the processor to perform operations comprising: presenting an offer associated with a closed-loop account to pay an offer amount, wherein the offer is triggered based on an occurrence of an event, wherein the event is one of a time associated with how long the closed-loop account will be available for resale and a resale of the closed-loop account; receiving an acceptance of the offer from a user; performing one of deactivating and suspending of the closed-loop account after receiving the acceptance; notifying the user when the event occurs; and paying an offer amount to the user after the event occurs.

7. The system of claim 6 , wherein if the event does not occur, then the method further comprises one of reactivating and reinstating the closed-loop account.

8. The system of claim 6 , wherein the one of deactivating and suspending the closed-loop account comprises withdrawing all funds associated with the closed-loop account.

9. The system of claim 6 , wherein when the event is the time associated with how long the closed-loop account will be available for sale, and when the time has expired, the non-transitory computer-readable medium stores further instructions which, when executed by the processor, cause the processor to perform a further operation comprising: presenting the user with an option to modify the offer.

10. The system of claim 9 , wherein the option to modify the offer comprises an option to end the offer, resume the offer, reduce the offer amount and set a parameter to automatically renew the offer for one of a number of time intervals and indefinitely.

11. A non-transitory computer-readable storage device storing instructions which, when executed by a processor, cause the processor to perform operations comprising: presenting an offer associated with a closed-loop account to pay an offer amount, wherein the offer is triggered based on an occurrence of an event, wherein the event is one of a time associated with how long the closed-loop account will be available for resale and a resale of the closed-loop account; receiving an acceptance of the offer from a user; performing one of deactivating and suspending of the closed-loop account after receiving the acceptance; notifying the user when the event occurs; and paying an offer amount to the user after the event occurs.

12. The non-transitory computer-readable storage device of claim 11 , wherein if the event does not occur, then the method further comprises one of reactivating and reinstating the closed-loop account.

13. The non-transitory computer-readable storage device of claim 11 , wherein the one of deactivating and suspending the closed-loop account comprises withdrawing all funds associated with the closed-loop account.

14. The non-transitory computer-readable storage device of claim 11 , wherein when the event is the time associated with how long the closed-loop account will be available for sale, and when the time has expired, the computer-readable storage device stores further instructions which, when executed by the processor perform a further operation comprising: presenting the user with an option to modify the offer.

15. The non-transitory computer-readable storage device of claim 14 , wherein the option to modify the offer comprises an option to end the offer, resume the offer, reduce the offer amount and set a parameter to automatically renew the offer for one of a number of time intervals and indefinitely.